Upexi(US:UPXI)2025-11-12 21:06Financial Performance - Digital Asset Revenue for the quarter was approximately $6.1 million, contributing to total revenue of $9.2 million, up from $4.4 million in the same quarter last year[7] - Gross Profit totaled $8.3 million, representing a 183% increase year-over-year, primarily driven by the addition of Digital Asset Revenue[7] - Net Income increased to $66.7 million, or $1.21 per share, compared to a net loss of $1.6 million, or ($1.55) per share, for the same quarter last year[7] - The Company reported approximately $78 million in unrealized gains on its Solana treasury, significantly impacting net income[7] Cash and Investments - Cash and Cash Equivalents were $2.2 million as of September 30, 2025[7] - Upexi closed a $200 million concurrent private placement of common stock and convertible notes to support its growth strategy[8] - The Company announced a $500 million equity line agreement with A.G.P. to accelerate the growth of its Solana treasury strategy[8] - Upexi currently holds over two million SOL, positioning itself as a leading digital asset treasury company[10] Strategic Initiatives - The Company established the Upexi Advisory Committee, adding notable members to enhance strategic direction[8] - Upexi's operational strategy includes holding cryptocurrency Solana directly on its balance sheet, generating meaningful yield[3]